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House Prices in SE2

The average house price in SE2 (London) is £415,833 using HM Land Registry data.

The average property price increased by £85,148 (6.78%) over the last 5 years and increased by £17,061 (1.17%) over the last 12 months.

Over the last year, there were 130 residential property sales – a decrease of 107 transactions (-82.31%) relative to the previous year. The majority of house sales (43) were in the £402,000 - £458,000 range. Then came properties in the £346,000 - £402,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,133 (-1%).

In Oct 24, there were 35 new estate agency instructions, 24 agreed home sales and 14 property price reductions.

5-Year Average Property Prices in SE2 (London)

6.78%

Property prices in London increased by 6.78% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SE2 (London) Over the Last Year

1.17%

Property prices in London increased by 1.17% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for SE2 (London) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SE2 (London)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SE2 (London)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SE2 (London)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SE2 (London) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SE2 postcode area since 1995.

Recent Sales in SE2 (London)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
130 Godstow Road, London, Greater London, SE2 9AY	£425,000	£400,000	-£25,000	12 Dec 2023	31 Jul 2024	232 Days
3 Mottisfont Road, London, Greater London, SE2 9LL	£430,000	£410,000	-£20,000	14 Feb 2024	31 Jul 2024	168 Days
103 Boxgrove Road, London, Greater London, SE2 9JJ	£395,000	£385,000	-£10,000	11 Oct 2023	26 Jul 2024	289 Days
75 Rutherglen Road, Plumstead, London, Greater London, SE2 0XU	£450,000	£435,000	-£15,000	09 Oct 2023	12 Jul 2024	277 Days
5 Bayley Walk, London, Greater London, SE2 0DL	£425,000	£422,000	-£3,000	19 Feb 2024	12 Jul 2024	144 Days
27 Rochdale Road, London, Greater London, SE2 0XE	£450,000	£443,000	-£7,000	04 Mar 2024	11 Jul 2024	129 Days
17 Owenite Street, Abbey Wood, London, Greater London, SE2 0NG	£600,000	£600,000	£00	20 Nov 2023	07 Jun 2024	200 Days
24 Howarth Road, London, Greater London, SE2 0UN	£600,000	£600,000	£00	07 Feb 2024	07 Jun 2024	121 Days
18 Brimpsfield Close, London, Greater London, SE2 9LR	£385,000	£380,000	-£5,000	03 Jan 2024	06 Jun 2024	155 Days
39 Sydney Road, London, Greater London, SE2 9RZ	£425,000	£421,000	-£4,000	29 Feb 2024	26 Apr 2024	57 Days
34 Mottisfont Road, London, Greater London, SE2 9LL	£375,000	£352,000	-£23,000	15 Sep 2023	12 Apr 2024	210 Days
38 Congress Road, London, Greater London, SE2 0LT	£425,000	£415,000	-£10,000	30 Oct 2023	04 Apr 2024	157 Days
66 Smithies Road, London, Greater London, SE2 0TG	£475,000	£457,000	-£18,000	26 Jul 2023	03 Apr 2024	252 Days
164 Mottisfont Road, London, Greater London, SE2 9LP	£399,995	£390,000	-£9,995	02 Nov 2023	02 Apr 2024	152 Days
101 Bastion Road, London, Greater London, SE2 0RH	£250,000	£230,000	-£20,000	30 Apr 2023	28 Mar 2024	333 Days
214 Bostall Lane, Abbey Wood, London, Greater London, SE2 0QT	£250,000	£249,000	-£1,000	15 Sep 2023	01 Mar 2024	168 Days
72 Chalcombe Road, London, Greater London, SE2 9QR	£229,995	£223,000	-£6,995	17 Apr 2023	01 Mar 2024	319 Days
68 Crumpsall Street, London, Greater London, SE2 0LR	£475,000	£475,000	£00	22 Jul 2023	01 Mar 2024	223 Days
69 Smithies Road, London, Greater London, SE2 0TF	£460,000	£460,000	£00	18 Sep 2023	22 Feb 2024	157 Days
9 Devenish Road, London, Greater London, SE2 9DA	£425,000	£420,000	-£5,000	26 Oct 2023	16 Feb 2024	113 Days

Most Expensive Streets in SE2 (London)

Postcode	Street	Area	Average	No. of Sales
SE2 0QG	New Road, Abbey Wood	London	£634,833	6
SE2 0QY	Bostall Hill	London	£634,000	3
SE2 0RX	West Heath Road	London	£588,333	3
SE2 0PR	Friars Walk	London	£575,000	3
SE2 0PN	New Road, Abbey Wood	London	£574,375	4
SE2 0PP	Priory Drive	London	£553,750	6
SE2 0DX	The View	London	£518,187	8
SE2 9EX	Abbey Grove, Abbey Wood	London	£514,100	5
SE2 0SE	Bedonwell Road	London	£512,000	5
SE2 0BT	Mcleod Road	London	£488,333	3

Least Expensive Streets in SE2 (London)

Postcode	Street	Area	Average	No. of Sales
SE2 9FD	Wagtail Walk	London	£135,500	4
SE2 0YL	Knee Hill Crescent	London	£204,000	3
SE2 0LF	Commonwealth Way	London	£226,666	3
SE2 0LE	Commonwealth Way	London	£226,666	3
SE2 9UW	Seacourt Road	London	£236,666	3
SE2 0DT	Milford Close	London	£237,007	10
SE2 0EU	Myrtledene Road	London	£241,650	5
SE2 9AX	Godstow Road	London	£241,750	3
SE2 9UU	Hartslock Drive	London	£242,000	3
SE2 9EJ	Brinkburn Close	London	£247,366	3